Browsing: Dubai Financial Services Authority

The Dubai Financial Services Authority (DFSA) is pleased to announce a significant 31% increase in…

The Dubai Financial Services Authority (DFSA) has approved Circle’s USDC and EURC, marking a major…

Dubai Financial Services Authority (DFSA) announced on Tuesday that it had fined Vedas International Marketing Management $100,000 (around AED 367,000) for “unauthorised and misleading financial promotions related to the Multibank Group.”

DIFC has fined OCS International Finance Ltd AED 2.64M, and CEO Christian Thurner must pay an additional AED 682,631 after a 30% settlement discount.

Relm Insurance Ltd., proudly announces its foray into the MENA region through the acquisition of…

The Dubai Financial Services Authority (DFSA) reported a 25 per cent increase in new company licencing in 2023, elevating the total number of registered firms to 791.

Securities and Commodities Authority (SCA) of the UAE actively enforced a regulation (pdf) since last Sunday, prohibiting onshore banks from promoting or marketing foreign funds to retail investors. This regulation allows only funds registered with the SCA to be marketed in the UAE to retail investors.

Saudi Tadawul Group (Tadawul) has agreed to purchase a 32.6 percent stake in Dubai Mercantile Exchange (DME) for $28.5M (SAR 107M), becoming the joint largest shareholder alongside US-based CME Group.